Spliced Business Formations Within Eight Quarters: Total for All NAICS in Delaware
BFSBF8QTOTALNSADE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
320.00
Year-over-Year Change
16.79%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend measures the total number of new business formations in Delaware within eight quarters, across all North American Industry Classification System (NAICS) sectors. It provides insights into entrepreneurial activity and economic dynamism in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Spliced Business Formations Within Eight Quarters metric tracks the cumulative number of new businesses established in Delaware over a two-year period. It serves as an indicator of entrepreneurial vitality and confidence in the local economy.
Methodology
The data is collected through administrative records and surveys by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers and economists to assess the business climate and inform economic development strategies.
Key Facts
- Delaware ranks among the top states for new business formation.
- Business formations peaked in 2020 during the COVID-19 pandemic.
- The trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new business formations in Delaware within an eight-quarter (two-year) period, across all North American Industry Classification System (NAICS) sectors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into entrepreneurial activity and economic dynamism in Delaware, making it an important indicator for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through administrative records and surveys by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the business climate and inform economic development strategies in Delaware.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a lag of several months. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Delaware (BFSBF8QTOTALNSADE), retrieved from FRED.